TREE NEWS reports: Ether ETFs shed $320 million in outflows, surpassing bitcoin funds’ withdrawals for the week, as five crypto ETF groups tracked by Farside lost a combined $610.7 million during Oct. 12–16. Bitcoin outflows slowed 66% from the preceding week, leaving ether products as the main source of redemptions.
Ether ETFs Lose $320 Million, Overtaking Bitcoin’s Weekly Outflows
The rotation of redemption pressure from bitcoin to ether products is the notable signal here: bitcoin outflows decelerating sharply while ether funds absorb the heavier withdrawals suggests the selling is broadening rather than concentrating in the largest asset. That matters for issuers and allocators who have treated ether ETFs as a secondary, stickier pool. Whether ether products keep leading redemptions once bitcoin flows stabilize is the open question, and the combined $610.7 million weekly figure across the tracked groups is the level worth monitoring for signs of a sustained shift.
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